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RENIDAK

Active
Private limited companyfounded 200818 yrs activeBurgemeester Bollenstraat 36, 3500 Hasselt, BelgiumKBO/BCE: BE 0895.028.502
Summary

RENIDAK has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €239,119 and a net result of -€8,323. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 86% of 28281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability56▼-23
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity ample (current ratio 5.31 against 6.7 in 2024; short-term debt: 16% and cash: 82% of total assets), and 18.2% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 18 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
50 d early
2024
20 d early
2023
9 d late
2022
11 d early
2021
22 d late
2020
4 d late
2019
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 3 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 20 July (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

RENIDAK was incorporated on 18 January 2008.1 Total assets rose from EUR 147,749 in 2018 to EUR 292,327 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€239,119▼ 3.4%
2024 · €247,442
Total assets
€292,327▼ 0.8%
2024 · €294,673
Net result
-€8,323
2024 · €24,696
Working capital
€201,816▼ 1.1%
2024 · €204,032
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€28,137▼ 32.9%€19,103▼ 32.1%€33,236▲ 74.0%€34,428▲ 3.6%-€7,747
Net result€19,600within the sector's middle half▼ 30.9%€13,264within the sector's middle half▼ 32.3%€23,962within the sector's middle half▲ 80.6%€24,696within the sector's middle half▲ 3.1%-€8,323below the sector's middle half
Equity€189,520above the sector's middle half▲ 11.5%€202,785above the sector's middle half▲ 7.0%€224,746above the sector's middle half▲ 10.8%€247,442above the sector's middle half▲ 10.1%€239,119above the sector's middle half▼ 3.4%
Total assets€221,853within the sector's middle half▲ 14.9%€225,815within the sector's middle half▲ 1.8%€262,196within the sector's middle half▲ 16.1%€294,673within the sector's middle half▲ 12.4%€292,327within the sector's middle half▼ 0.8%
Debt€32,333▲ 39.2%€23,031▼ 28.8%€37,450▲ 62.6%€47,232▲ 26.1%€53,209▲ 12.7%
Working capital€190,770above the sector's middle half▲ 12.1%€204,035above the sector's middle half▲ 7.0%€225,996above the sector's middle half▲ 10.8%€204,032above the sector's middle half▼ 9.7%€201,816above the sector's middle half▼ 1.1%
Solvency85.4%above the sector's middle half▼ 2.6pp89.8%above the sector's middle half▲ 4.4pp85.7%above the sector's middle half▼ 4.1pp84.0%above the sector's middle half▼ 1.7pp81.8%above the sector's middle half▼ 2.2pp
Current ratio7.14above the sector's middle half▼ 1.6110.37above the sector's middle half▲ 3.237.24above the sector's middle half▼ 3.126.70above the sector's middle half▼ 0.555.31above the sector's middle half▼ 1.38
Return on assets (ROA)8.8%within the sector's middle half▼ 5.9pp5.9%within the sector's middle half▼ 3.0pp9.1%within the sector's middle half▲ 3.3pp8.4%within the sector's middle half▼ 0.8pp-2.8%below the sector's middle half▼ 11.2pp
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2021: €28,137€28,137Net result 2021: €19,600€19,600Operating result 2022: €19,103€19,103Net result 2022: €13,264€13,264Operating result 2023: €33,236€33,236Net result 2023: €23,962€23,962Operating result 2024: €34,428€34,428Net result 2024: €24,696€24,696Operating result 2025: -€7,747-€7,747Net result 2025: -€8,323-€8,32320212022202320242025-€20,000€0€20,000€40,000Operating result 2023: €33,236€33,200Net result 2023: €23,962€24,000Operating result 2024: €34,428€34,400Net result 2024: €24,696€24,700Operating result 2025: -€7,747-€7,750Net result 2025: -€8,323-€8,320202320242025
The operating result turns negative in 2025: a loss of €7,747 after €34,428 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €292,327
Fixed assets €43,721 ▼ 20.3%
Current assets €248,606 ▲ 3.7%
Equity and liabilities €292,327
Equity €239,119 ▼ 3.4%
Debt €53,209 ▲ 12.7%
Debt's share of the balance-sheet total rises from 16.0% to 18.2%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€3,358▼
2024 · €35,128
Cash flow
€2,782▼
2024 · €25,395
Debt to equity
0.22▲
2024 · 0.19
ROE
-3.5%▼
2024 · 10.0%
Interest coverage
4.91▼
2024 · 92.64
Debt ≤ 1 year
€46,790▲
2024 · €35,815
Debt > 1 year
€5,168▼
2024 · €10,167
Income taxes
€200▼
2024 · €9,445
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.8% stopped otherwise
91% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,910 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€294,673€292,327▼
Fixed assets21/28€54,826€43,721▼
Tangible fixed assets22/27€54,826€43,721▼
Furniture and vehicles24€54,826€43,721▼
Current assets29/58€239,847€248,606▲
Amounts receivable within one year40/41€14,946€4,829▼
Trade receivables40€8,650€0▼
Other amounts receivable41€6,296€4,829▼
Cash at bank and in hand54/58€224,273€239,765▲
Deferred charges and accrued income490/1€628€4,012▲
Equity and liabilities
Total equity and liabilities10/49€294,673€292,327▼
Equity10/15€247,442€239,119▼
Contributions10/11€12,400€12,400=
Reserves13€235,042€226,719▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€235,042€226,719▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€47,232€53,209▲
Amounts payable after more than one year17€10,167€5,168▼
Financial debts170/4€10,167€5,168▼
Amounts payable within one year42/48€35,815€46,790▲
Current portion of amounts payable after more than one year42€4,833€4,998▲
Financial debts43€408€0▼
Other loans439€408€0▼
Trade debts44€4,590€12,089▲
Suppliers440/4€4,590€12,089▲
Taxes, remuneration and social security45€4,209€8,266▲
Taxes450/3€3,409€6,676▲
Remuneration and social security454/9€800€1,590▲
Other amounts payable47/48€21,775€21,438▼
Accrued charges and deferred income492/3€1,250€1,250=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€700€11,105▲
Other operating charges640/8€1,125€1,018▼
Gross operating margin9900€36,253€4,376▼
Operating profit (loss)9901€34,428-€7,747▼
Financial income75/76B€92€307▲
Recurring financial income75€92€307▲
Financial charges65/66B€379€684▲
Recurring financial charges65€379€684▲
Profit (loss) for the period before taxes9903€34,141-€8,124▼
Income taxes67/77€9,445€200▼
Profit (loss) for the period9904€24,696-€8,323▼
Profit (loss) for the period to be appropriated9905€24,696-€8,323▼
Appropriation of the result
Profit (loss) to be appropriated9906€24,696-€8,323▼
Transfer from equity791/2-€8,323
Transfer to equity691/2€22,696€0▼
To other reserves6921€22,696€0▼
Profit to be distributed694/7€2,000€0▼
Directors or managers695€2,000€0▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€916€0-€700€11,105▲ 1,487%
Other operating charges640/8€682€583€1,249€1,125€1,018▼ 9.6%
Gross operating margin9900€29,735€19,686€34,485€36,253€4,376▼ 87.9%
Operating profit (loss)9901€28,137€19,103€33,236€34,428-€7,747▼ 123%
Financial income75/76B€225€51€418€92€307▲ 233%
Recurring financial income75€225€51€418€92€307▲ 233%
Financial charges65/66B€550€189€205€379€684▲ 80.3%
Recurring financial charges65€213€189€205€379€684▲ 80.3%
Non-recurring financial charges66B€336€0----
Profit (loss) for the period before taxes9903€27,812€18,965€33,449€34,141-€8,124▼ 124%
Income taxes67/77€8,212€5,700€9,488€9,445€200▼ 97.9%
Profit (loss) for the period9904€19,600€13,264€23,962€24,696-€8,323▼ 134%
Profit (loss) for the period to be appropriated9905€19,600€13,264€23,962€24,696-€8,323▼ 134%
Line20212022202320242025Change
Assets
Total assets20/58€221,853€225,815€262,196€294,673€292,327▼ 0.8%
Fixed assets21/28---€54,826€43,721▼ 20.3%
Tangible fixed assets22/27---€54,826€43,721▼ 20.3%
Furniture and vehicles24---€54,826€43,721▼ 20.3%
Current assets29/58€221,853€225,815€262,196€239,847€248,606▲ 3.7%
Amounts receivable within one year40/41€3,254€13,586€23,415€14,946€4,829▼ 67.7%
Trade receivables40€548€10,754€21,952€8,650€0▼ 100%
Other amounts receivable41€2,707€2,833€1,464€6,296€4,829▼ 23.3%
Cash at bank and in hand54/58€217,602€209,592€238,023€224,273€239,765▲ 6.9%
Deferred charges and accrued income490/1€997€2,637€758€628€4,012▲ 539%
Equity and liabilities
Total equity and liabilities10/49€221,853€225,815€262,196€294,673€292,327▼ 0.8%
Equity10/15€189,520€202,785€224,746€247,442€239,119▼ 3.4%
Contributions10/11€12,400€12,400€12,400€12,400€12,400=
Reserves13€177,120€190,385€212,346€235,042€226,719▼ 3.5%
Non-distributable reserves130/1€1,860€1,860€1,860€0--
Reserves not available under the articles1311€1,860€1,860€1,860€0--
Distributable reserves133€175,260€188,525€210,486€235,042€226,719▼ 3.5%
Profit (loss) carried forward14--€0€0€0-
Amounts payable17/49€32,333€23,031€37,450€47,232€53,209▲ 12.7%
Amounts payable after more than one year17---€10,167€5,168▼ 49.2%
Financial debts170/4---€10,167€5,168▼ 49.2%
Amounts payable within one year42/48€31,083€21,781€36,200€35,815€46,790▲ 30.6%
Current portion of amounts payable after more than one year42---€4,833€4,998▲ 3.4%
Financial debts43---€408€0▼ 100%
Other loans439---€408€0▼ 100%
Trade debts44€14,013€4,429€11,909€4,590€12,089▲ 163%
Suppliers440/4€14,013€4,429€11,909€4,590€12,089▲ 163%
Taxes, remuneration and social security45€1,782€1,948€2,903€4,209€8,266▲ 96.4%
Taxes450/3€1,782€1,166€2,903€3,409€6,676▲ 95.8%
Remuneration and social security454/9-€782€0€800€1,590▲ 98.8%
Other amounts payable47/48€15,288€15,404€21,388€21,775€21,438▼ 1.5%
Accrued charges and deferred income492/3€1,250€1,250€1,250€1,250€1,250=
Line20212022202320242025Change
Profit (loss) for the period9904€19,600€13,264€23,962€24,696-€8,323▼ 134%
+ Depreciation and write-downs630€916€0-€700€11,105▲ 1,487%
Operating cash flow (approximation)€20,516€13,264€23,962€25,395€2,782▼ 89.0%
Investment in fixed assets (approximation)----€0-
Change in cash--€8,011€28,431-€13,750€15,492▲ 213%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
11-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet -€8,323
Net result drops to -€8,323, the lowest in the series.
11-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
09-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
20-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Equity above €200,000Eq €202,785 ▲7%
5 profitable years in a row build equity to €202,785.
22-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
04-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
31-12
Financial Highest result since 2018net €28,373 ▲32.1%
Operating result €41,936, net result €28,373, both a record.
31-12
Financial Equity above €150,000Eq €169,920 ▲20%
3 profitable years in a row build equity to €169,920.
28-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
15-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
06-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
107 m²
Building footprint
73 m²
Volume, LiDAR
565 m³
Parcel 71327G0492/00L000, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Renidak
Burgemeester Bollenstraat 36, 3500 HasseltPlumbing work
since 20082.168.489.834
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71327G0492/00L000 Flanders 107 m² 1 · 73 m² 11.0 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 8,576 companies in sector 43410 we hold annual accounts for 4,368. 3,510 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-01-2008
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
43421Specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0895028502
Also 9925:BE0895028502
Registered 05-03-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.